EuropeCoin was designed to inspire mass-adoption in European Countries and to empower charity organizations. 25% of the ERC IPO funds ere destributed through various charities.
Europecoin became a pure proof-of-stake cryptocurrency with a variable interest (from 2.5% to 15% per year) depending on the maturity of the coins held. A total of 1% of the coins were pre-mined. In July 2016, the coin was relaunched under a new development team and as a proof-of-work cryptocurrency based on Bitcoin
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